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The truth is, tRump failed.
Opinion: Trump’s trade policy failed the workers he promised to help
[Impeached] tRump came to power promising to fix a trade system that has hurt U.S. workers and businesses for generations. He railed against trade deals, raised alarm about the trade deficit, and promised to bring back jobs. “You won’t lose one plant, I promise you that,” he told Michigan voters in 2016.
Four years later, Michigan has actually lost three major auto plants.
Even before the pandemic, the state’s job growth had plunged to its lowest level in a decade, my co-authors and I found in a new report, with investment from the auto industry down 29%. Next door in Ohio, annual job creation also collapsed—from 36,200 in 2016 to just 3,700 in 2019. And the U.S. trade deficit has been higher every single year of impeached tRump’s presidency than it was when he took office.
The truth is, tRump failed...
Through all of this, impeached tRump has pointed to the trade balance as his main barometer for how our industries are performing. Unsurprisingly, the trade balance has only gotten worse under his tenure—even before the pandemic hit.
Nor has his approach stopped offshoring by U.S. companies. In fact, investment in China by U.S. companies was higher in 2019 than in 2016... - MarketWatch
[Impeached] tRump came to power promising to fix a trade system that has hurt U.S. workers and businesses for generations. He railed against trade deals, raised alarm about the trade deficit, and promised to bring back jobs. “You won’t lose one plant, I promise you that,” he told Michigan voters in 2016.
Four years later, Michigan has actually lost three major auto plants.
Even before the pandemic, the state’s job growth had plunged to its lowest level in a decade, my co-authors and I found in a new report, with investment from the auto industry down 29%. Next door in Ohio, annual job creation also collapsed—from 36,200 in 2016 to just 3,700 in 2019. And the U.S. trade deficit has been higher every single year of impeached tRump’s presidency than it was when he took office.
The truth is, tRump failed...
Through all of this, impeached tRump has pointed to the trade balance as his main barometer for how our industries are performing. Unsurprisingly, the trade balance has only gotten worse under his tenure—even before the pandemic hit.
Nor has his approach stopped offshoring by U.S. companies. In fact, investment in China by U.S. companies was higher in 2019 than in 2016... - MarketWatch
Edited for accuracy.
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